1WOOD Residence 2 — off-plan in Jumeirah Village Circle

Media: Object 1 / Property Finder / Propsearch marketing stills
Price from
AED 788,000
Handover
Q4 / December 2027 public target (official + Property Finder)
Status
On sale
Construction
under construction
Developer
Object 1
Area
Jumeirah Village Circle

1WOOD Residence 2 is Object 1’s second wood-toned mid-rise in Jumeirah Village Circle District 10 — a mixed-use block of studios through larger two- and 2.5-bedroom flats with a warm façade and podium amenities. [1] [3] Public pages put stock near 191 units, handover aimed at Q4 / December 2027, and a studio open that sits near AED 788K on portals while the official product card starts higher. [3] [4] [1]

This page is buyer-side research, not Object 1’s brochure. Keep 1WOOD Residence 2 separate from the earlier 1WOOD Residence (phase 1) in the same brand line — earlier keys and a different payment schedule on the official table. Choose the product you want, then check the booking form and sale contract already name it. Process notes: Method.

Who it’s for

Buyers comparing a studio or one- to two-bedroom flat in Jumeirah Village Circle District 10 who can work with a late-2027 handover runway and will verify that the Object 1 form names 1WOOD Residence 2 (not phase 1). [1] [3]

Who it’s not for

Anyone who must take keys before late 2027; buyers who want a pure residential tower with no commercial mix; shoppers shown phase-1 1WOOD Residence and treating both labels as one product. [2]

Snapshot

  • Developer — Object 1 / Object One Real Estate Development (high) [1] [3] [4]
  • Product name1WOOD Residence 2 (portal also “Phase 2 By Object 1”) (high) [1] [3]
  • District — Jumeirah Village Circle, District 10 (high) [3] [4]
  • Typology ladder — studio · 1BR (± 1.5 marketing) · 2BR (± 2.5 marketing) · ~1,307 sqft upper type (high) [1] [3]
  • Stock count — ~191 units on Property Finder FAQ and Propsearch (high) [3] [4]
  • Buildingsone mixed-use block (high) [3] [4]
  • Massing — official B+G+4P+12+R; Propsearch 17 storeys (+ basement) (med) [1] [4]
  • Studio from (portal) — ~AED 788,000 (med) [3] [4]
  • Studio from (official) — ~AED 839,252 (med — higher than portal) [1]
  • 1BR from — portal ~AED 1.2M / official ~AED 1.29M (med) [3] [1]
  • 2BR from — portal ~AED 1.3M (official large 2BR card much higher) (med) [3] [1]
  • Studio area band — ~397–435 sqft (med) [3] [1]
  • 1BR area band — ~588–1,158 sqft (med) [3] [1]
  • 2BR area band — ~829–2,018 sqft (med) [3] [1]
  • Handover targetQ4 / December 2027 on official + Property Finder (med) [1] [3]
  • Official payment schedule20 / 30 / 50 (med) [1] [2]
  • Portal payment options20 / 40 / 40 and 20 / 40 / 10 + 30% post-handover (med — conflict) [3]
  • Title marketing — freehold on Property Finder (med) [3]
  • Service charge estimate15 AED/sqft official marketing (med) [1]
  • Furnishing marketing — furnished on official card (med) [1]
  • Registry project-value estimate — ~AED 40.55M on Propsearch only (med — not a unit price) [4]

What you are actually buying

Picture a warm, wood-toned mid-rise on a JVC District 10 street — layered balconies, earthy cladding, podium pool deck — not a glass super-tower. [1] [3] Official copy, Property Finder and Propsearch all describe the same public idea: one mixed-use building with studios and one- to two-bedroom flats (marketing also uses 1.5 and 2.5 labels), plus commercial/office notes on Propsearch. [1] [3] [4] Stock near 191 units is reported on both Property Finder’s FAQ and Propsearch (Propsearch also notes offices in the mixed-use mix). [3] [4] Height labels split: official B + G + 4 parking + 12 residential + roof versus Propsearch seventeen storeys plus basement — same single block, different counting. [1] [4]

Indicative opens and areas (filters only):

  • Studio — portal ~AED 788K / ~397–426 sqft; official from ~AED 839,252 / 426–435 sqft [3] [1] [4]
  • 1BR — portal from ~AED 1.2M / ~588–1,158 sqft; official from ~AED 1.29M / 641–1,158 sqft [3] [1]
  • 2BR — portal from ~AED 1.3M / ~829–2,018 sqft; official large 2BR card from ~AED 3.14M at 2,018 sqft [3] [1]
  • Upper ~1,307–1,318 sqft type — portal “3 bed” from ~AED 1.8M; official “610” layout from ~AED 1.97M [3] [1]

Amenity marketing covers a swimming pool with sun deck, gym, outdoor CrossFit, clubhouse, BBQ and kids zones. [1] [4] Those become promises only when 1WOOD Residence 2’s contract exhibits list them for the unit you reserve.

Keep the 1WOOD line straight: 1WOOD Residence (phase 1) is a different product — earlier public handover and a different payment schedule on the official table. [2] [1] If you visited the wood-toned façade for Residence 2, make sure the paperwork Object 1 gives you still says 1WOOD Residence 2.

When keys are marketed — and how cash is staged

For 1WOOD Residence 2, Object 1 and Property Finder both market completion around Q4 2027 / December 2027. Property Finder’s expected-completion field even prints 30 December 2027. [1] [3] The same Property Finder About block once says September 2027. Treat every of those as listing targets; the completion wording inside your sale pack is what actually binds.

Object 1’s own product page and its site-wide payment-plans table both print 20% on booking, 30% while building, 50% at handover (the product card also labels this 50/50 and flags post-handover as available). [1] [2] Property Finder markets two different ladders instead: 20 / 40 / 40, or 20 / 40 / 10 with 30% after keys across six steps. [3] Some secondary broker cards still show 60 / 40. Plan cash only from the dated AED rows printed in the Object 1 pack you will sign — not from a portal option chip.

Construction chronology also splits: Property Finder marks build start 27 April 2025; Propsearch shows First Trace April 2025 and construction beginning Q1 2026. [3] [4] Those are public timeline notes, not a site-progress audit.

Who builds it and where it sits

Developer hub: Object 1. The official product surface is object1.com/off-plan/1wood-residence-2. [1] Portals and Propsearch also use Object One Real Estate Development. [3] [4] Match the legal seller on the form you sign — brand labels are not the SPA entity.

Area hub: Jumeirah Village Circle. Property Finder and Propsearch place this product in District 10. [3] [4] Neighbouring research on this site includes Oxford Cove, Beverly Crown, Aspin Grove and Sol Terra Gardens — different developers, different contracts.

Risks and open points

  1. Open price conflict — portals open near AED 788K; official studio floor is about AED 839,252. Use the unit price list, not the lowest marketing chip. [3] [1]
  2. Payment plan conflict — official 20/30/50 versus Property Finder 20/40/40 and a post-handover option. Only the sale-contract table binds. [1] [3]
  3. Handover date soft spots — Q4/December 2027 appears on official and Property Finder key fields, but one PF About line says September 2027. Off-plan dates move. [3]
  4. Sibling confusion — phase-1 1WOOD Residence has earlier public handover and a different official payment schedule. Wrong product name on paperwork is an expensive mistake. [2]
  5. Height and bedroom labels — storey counting and half-bedroom marketing labels differ across pages. Check floor plans and net area for the unit you choose. [1] [4]
  6. Mixed-use commercial/office notes — Propsearch mentions offices; confirm what sits below or beside your residential stack. [4]
  7. Construction start notes disagree — Property Finder lists 27 April 2025 vs Propsearch construction Q1 2026. Ask for current progress photos before deposit. [3] [4]

Before you put money down

  1. Shortlist 1WOOD Residence 2 only after you know you want this District 10 block — not phase-1 1WOOD Residence. [1] [2]
  2. Read the booking form and sale contract Object 1 hands you: product name, unit number, bedroom type and floor should already match what you chose. You do not rewrite their template — you walk away from a wrong label. [1]
  3. Use Dubai Land Department tools to confirm this project is registered and has an escrow account before any deposit.
  4. Rebuild cash from the dated AED instalment table in that pack — ignore portal Option 1/Option 2 badges if they disagree. [2] [3]
  5. Ask for unit floor plans, net area, parking allocation and the service-charge figure in writing (official marketing quotes about 15 AED/sqft). [1]
  6. Confirm freehold wording and any commercial or office use inside the same building. [3] [4]
  7. Request current construction photos and the latest completion clause text before you pay a reservation fee.
  8. For how OffplanInsight researches pages like this, see Method.

Bottom line

Bottom line: 1WOOD Residence 2 is Object 1’s second-phase mid-rise in JVC District 10 with about 191 units reported on Property Finder and Propsearch and a Q4 2027 handover target on official and Property Finder pages — but open price and payment schedules disagree across those sources. [1] [3] [4] Independent research, not official Object 1 disclosure.

FAQ

What is 1WOOD Residence 2?

A mixed-use mid-rise by Object 1 in Jumeirah Village Circle District 10 with studios through larger two-bedroom apartments (plus half-bedroom marketing labels). Public stock is near 191 units. Official product name is 1WOOD Residence 2; portals also say Phase 2. [1] [3] [4]

Is 1WOOD Residence 2 the same as 1WOOD Residence?

No. Phase 1 (1WOOD Residence) is a separate Object 1 product with earlier public handover and a different official payment schedule (10/60/30 on the payment-plans table). Pick the building first, then check the form already names Residence 2. [2] [1]

What is the starting price?

Portals report from about AED 788,000. The official Object 1 product page opens studios from about AED 839,252. Both are marketing filters — only a dated unit price list and sale contract bind. [3] [4] [1]

When is handover marketed?

Official and Property Finder public targets cluster on Q4 / December 2027 (PF expected completion 30 December 2027). One PF About line also says September 2027. Confirm the completion clause in your sale pack. [1] [3]

What payment plan is published?

Official object1.com product page and payment-plans table print 20% booking, 30% during construction, 50% on handover. Property Finder lists 20/40/40 and a post-handover option. Use only the sale-contract instalment table for cash planning. [1] [2] [3]

Who is the developer?

Object 1 (also styled Object One Real Estate Development on portals). Official product page: object1.com/off-plan/1wood-residence-2. Confirm the legal seller on the sale contract. [1] [4]

Sources

  1. 1WOOD Residence 2 official product page — Object 1. Accessed 2026-08-09.
  2. Object 1 payment plans comparison table — Object 1. Accessed 2026-08-09.
  3. 1WOOD Residence Phase 2 By Object 1 — Property Finder. Accessed 2026-08-09.
  4. 1 Wood Residence 2 building guide — Propsearch. Accessed 2026-08-09.

Next step

Like it? See how it compares to similar projects, then ask the developer for the live price list and floor plans — everything here is marketing until they confirm it in writing.